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Gas Output
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China Sets Oil, Gas Supply Targets by 2020
Jan 20, 2017China aims to increase domestic crude oil output to 200 million tonnes by 2020, while supply capacity for natural gas should exceed 360 billion cubic meters, according to plans published Thursday. China will add 1 billion tonnes of proven ...
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Shale Gas Industry on The Rise in China
Dec 31, 2015In China's financial hub Shanghai, kitchen stoves now use a new energy source: shale gas, a clean energy that travels more than 1,600 kilometers to the city's homes via a series of pipelines. China has recently made breakthroughs in shale ...
Tags: Shale Gas Industry
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Xinjiang's Natural Gas Output Exceeds 30 Bln Cubic Meters
Dec 25, 2015Northwest China's Xinjiang Uygur Autonomous Region has produced more than 30 billion cubic meters of natural gas this year, ranking second in the country following Shaanxi Province. According to the latest statistics from the region's ...
Tags: Natural Gas
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More Test Drilling Required to Assess Potential of UK Shale Industry: Study
Dec 16, 2015The UK needs to allow more shale gas exploration wells nation-wide before a reliable picture of the effect of a shale industry on the country can be properly formulated, the Task Force on Shale Gas said late Monday. The Task Force on ...
Tags: shale gas, natural gas
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Colombia to Begin Natural Gas Imports in Early 2016: Ecopetrol
Nov 24, 2015Colombia in January will begin importing 39 MMcf/d of natural gas from neighboring Venezuela to meet domestic needs, ending decades of natural gas self sufficiency, the head of Ecopetrol said Monday. The country is negotiating to increase ...
Tags: natural gas, crude
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China's Refinery Throughput Rose 4.3% Year on Year
Aug 13, 2015China's refinery throughput rose 4.3% year on year to 43.54 million mt or an average 10.30 million b/d in July, preliminary data from the National Bureau of Statistics showed Wednesday. The July rate was down slightly from 10.59 million ...
Tags: Refinery, oil demand
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Hog Markets Are Profitable and Herd Disease Levels Low, at Least for The Time Being
Jan 30, 2015Producers are in high spirits at the Iowa Pork Congress in Des Moines today. Hog markets are profitable and herd disease levels low, at least for the time being. The deadly PED virus, which infected about 60% of the nation's sows last ...
Tags: Pork Congress, Agriculture
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Chinese Oil Companies Prompted to Reduce Output
Jan 11, 2015Rising production costs and falling global crude prices are prompting Chinese oil companies to reduce output and explore other options for sustainable profit growth in the long term, a leading industry expert said on Tuesday. Part of the ...
Tags: crude prices, Crude Oil
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US Is The Locomotive of Global Growth for The First Time Since The Great Recession
Oct 27, 2014The world’s largest economy – the US is the locomotive of global growth for the first time since the great recession and in the process boosting exports around the world, says the Chief Economist at IHF. Nariman Behravesh ...
Tags: domestic demand, oil production
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China Shale Gas Output Target in The Medium Term
Sep 19, 2014China has slashed its official target for shale gas production in the medium term by up to a third and now expects to achieve 30 billion cubic meters of output by 2020, according to the country's Ministry of Land and Resources at a briefing ...
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Indonesia to Revise Down Subsidized Fuel Consumption and Crude Production
Jun 23, 2014The Indonesian government reached a deal with lawmakers late Wednesday to revise down its targets for subsidized fuel consumption and crude production in its 2014 budget to make the figures more realistic, officials said. The measure cuts ...
Tags: fuel consumption, crude production
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Argentine Oil Production Fell 0.4% in March Compared with The Year-Ago Period
May 28, 2014Argentine oil production fell 0.4% in March compared with the year-ago period, while natural gas output rose 0.5% over the same period, an industry report showed Friday. Crude production declined to an average of 533,651 b/d in March from ...
Tags: oil production, Oil Output
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US Natural Gas Prices Will Remain in The $4/MMBtu Range This Year
Apr 28, 2014US natural gas prices will remain in the $4/MMBtu range this year while production growth in Appalachian shales will continue to be feverish, a consultant's new study and Barclays said Thursday. The energy consultants at Arlington, ...
Tags: Natural Gas, natural gas prices
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Ukraine's Natural Gas Output in March Fell 5.6% Year-on-Year to 1.68 Billion Cubic Meters
Apr 25, 2014Ukraine's natural gas output in March fell 5.6% year-on-year to 1.68 billion cubic meters, from 1.78 Bcm in March 2013, an energy and coal industry ministry official said Wednesday, citing preliminary figures. Production fell after the ...
Tags: natural gas, gas production
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PetroChina Has Hiked Shale Gas Production Target and Will Produce 2.6b Cubic Meters/Year
Apr 24, 2014State-owned PetroChina has hiked its shale gas production target significantly and now expects to produce 2.6 billion cubic meters/year next year, a senior executive was reported as saying Monday. This is an increase from an earlier ...
Tags: PetroChina, Shale Gas
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